A few of my thoughts FWIW: - Monday morning
Post# of 405
- Monday morning should be fun but I know there are several investors out there that are wondering what to do. I would say to them, have a plan.
You have to think about your own goals and objectives as well as Dr. D's goals and objectives. It is my belief that Dr. D wants to do 2 things ASAP and those are to gain profitability and uplist when the time is right. After achieving those, I do see him selling the company to the highest bidder, cashing in his chips, and retiring. Perhaps do some part-time consulting work to pass the time as he would only be in his 50's.
Hence, if you believe this, you may very well want to hold the majority of your shares until an acquisition takes place. I have to believe that w/ Fluticare, this becomes a very attractive target for many major industry players. The nasal allergy relief market is quite substantial and the BH platform is working quite well.
Others may think that this is still a volatile OTC play and want to cash in some chips sooner rather than later. If so, BE SMART. There WILL BE investors itching to grab your shares as thousands will gladly buy it as a takeover play. Perhaps, depending on your plan, you decide to sell HALF but do it on YOUR TERMS. Of that half, maybe you take 1/3rd and put in a sell order at 1.30, the next 1/3rd at 1.60 and the last at 1.90. If it fills great BUT if it doesn't, what is the downside...a 28-30M revenue year in 2017 w/ profitability ?? Not too bad and over time the PPS would pop back up as earnings continue to grow.
My point is - get a plan, review it, and enjoy the good fortune both now and in the immediate future ! I still say this is too good of a story and INNV will not last much longer as it will be on the radar of many deep pockets. Bidding war ??? GLTA